Bitcoin is consolidating round $65,000 regardless of the Nasdaq posting its worst day since December 2022.
Crypto markets dipped barely on Thursday, with whole market capitalization dropping 1% to $2.49 trillion.
Bitcoin and Ether are buying and selling flat at $64,800 and $3,465, respectively, whereas Solana is up 1% to $161, in response to CoinGecko.
Among the many prime 100 digital property by market capitalization, Solana memecoin Dogwifhat (WIF) leads the pack with a 13% rally prior to now 24 hours. Different prime gainers embody Thorchain (RUNE), Lido (LDO) and Jupiter (JUP), that are up 6% or extra.
Shiba Inu (SHIB) is the day’s greatest loser, dropping 10% after a hacker stole over $100 million value of tokens from the WazirX crypto change earlier immediately.
Whereas crypto markets have typically traded in keeping with main inventory markets, particularly the tech-heavy Nasdaq, digital property have remained notably resilient within the face of yesterday’s tech inventory selloff, which worn out tons of of billions of {dollars} from the market capitalization of companies like Nvidia, AMD and Meta.
Crypto sentiment is probably going being buoyed by the imminent launch of spot Ether ETFs, that are anticipated to begin buying and selling on July 23.
